Michman Basad Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was ILS 11.04 million compared to ILS 1.76 million a year ago. Basic earnings per share from continuing operations was ILS 7.22 compared to ILS 1.28 a year ago. Diluted earnings per share from continuing operations was ILS 6.71 compared to ILS 1.03 a year ago.
For the six months, net income was ILS 24.18 million compared to ILS 4.89 million a year ago. Basic earnings per share from continuing operations was ILS 15.84 compared to ILS 3.43 a year ago. Diluted earnings per share from continuing operations was ILS 14.7 compared to ILS 2.75 a year ago.